A business had $9 420 in its bank account. The following transactions took place: $ Bought goods
Question:
A business had $9 420 in its bank account. The following transactions took place:
$
Bought goods on credit ........................................... 250
Sold goods on credit ............................................... 1100
Repaid a loan by cheque ........................................ 5000
How much was there in the bank after these transactions?
A. $3,570
B. $4,420
C. $4,670
D. $5,270
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Related Book For
Cambridge IGCSE And O Level Accounting Coursebook
ISBN: 9781316502778
2nd Edition
Authors: Catherine Coucom
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